Trapped between key MAs, China data fails to impress Yuan bulls
Fundamental Forex Analysis

Trapped between key MAs, China data fails to impress Yuan bulls

USD/CNH is stuck between the 50- and 200-day averages.  CNH is struggling to draw bids despite the upbeat China PMIs.  Risk reset could yield a convincing move below 50-day average.  USD/CNH is lacking a clear...

AUD/USD ??????????????? ??? 0.6900 handle
Fundamental Forex Analysis

Antipodeans cheer Yuan rally amid risk-on, Oil jumps on Libyan crisis

Amid increased government support from both China and Australia to boost the economy, investors ignored the latest Mid East flare-up concerning Libya, as the risk-on sentiment extended into Asia this Monday. Oi...